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Academic Journal of Business & Management, 2023, 5(9); doi: 10.25236/AJBM.2023.050925.

The impact of globalisation on the gap between the world's rich and poor


Song Zan

Corresponding Author:
Song Zan

College of Social Sciences, University of Glasgow, G12 8QQ, Glasgow, UK


Globalisation on a large scale began in the nineteenth century and continues today, providing an important impetus to the development of the world economy. However, globalisation has also had a number of negative effects that cannot be ignored, such as rising unemployment and increased difficulties in environmental protection. Among them, the changes in the gap between the rich and the poor in the world brought about by economic globalisation are an important part. This paper examines and analyses the changes in the gap between rich and poor in developing and developed countries in the context of economic globalisation and the changes in the gap between rich and poor within countries, and concludes that the development of economic globalisation has widened the gap between rich and poor. It is also critically analysed that the change in the gap between rich and poor is not only a result of economic globalisation, but a combination of factors, including education, science and technology.


Globalisation, Gap between rich and poor, Critical analysis Education

Cite This Paper

Song Zan. The impact of globalisation on the gap between the world's rich and poor. Academic Journal of Business & Management (2023) Vol. 5, Issue 9: 163-167. https://doi.org/10.25236/AJBM.2023.050925.


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